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borishaifa [10]
2 years ago
14

Bass Accounting Services expects its accountants to work a total of 23 comma 000 direct labor hours per year. The​ company's est

imated total indirect costs are $ 322 comma 000. The company uses direct labor hours as the allocation base for indirect costs. What is the indirect cost allocation​ rate?
Business
1 answer:
MissTica2 years ago
4 0

Answer:

Estimated indirect costs allocation rate= $14 per direct labor hour

Explanation:

Giving the following information:

Estimated direct labor hours= 23,000

Estimated indirect costs= $322,000.

To calculate the allocation rate, we need to use the following formula:

Estimated indirect costs allocation rate= total estimated indirect  costs for the period/ total amount of allocation base

Estimated indirect costs allocation rate= 322,000/23,000

Estimated indirect costs allocation rate= $14 per direct labor hour

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A strategy that focuses on increasing the attractiveness of a product is referred to as a​
NARA [144]

Answer:

Differentiation strategy

Explanation:

Differentiation strategy is an approach by a business to make its products and services unique and better in comparison to products from its competitors. The strategy aims at creating a perception in customer's minds that the company products are superior.

The company aims to attract more sales by distinguishing itself from the competition.

6 0
3 years ago
The following accounts and their balances appear in the ledger of Goodale Properties Inc. on June 30 of the current year: Common
Katyanochek1 [597]

Answer:

Explanation:

Particulars                                                                                  Amount

Common stock $15 par value                                                   594,000

Paid-In Capital in Excess of Par—Common Stock                  <u>    15,840</u>

Total Paid-In Capital                                                                  609,840

From sale of Treasury stock                                                24,400

Add: Retained Earnings                                                            932,000

Deduct: Treasury Stock (645 shares)                                 <u>12,255</u>

Total Stockholders' Equity                                                     1,553,985

3 0
3 years ago
a manufacturer reports the following costs to produce 11,000 units in its first year of operations: direct materials, $11 per un
DENIUS [597]

The total product cost per unit under absorption costing is: $75.

In absorption costing, the cost of every unit produced is worked out by adding up the direct cost of materials, direct labor, variable overhead, and the fixed overhead. Unlike in the case of marginal costing where the fixed cost is treated as period cost, in absorption costing, fixed cost is treated as a product cost.

The cost per unit

                                         $

Direct material                  28

Direct labor                       24

Variable overhead            10

Fixed cost                          13

Cost per unit                     75

Cost of Inventory

Number of units   = 1000

Cost per unit    = $75

Value = 1000 * $75 = $75,000

Learn more about absorption costing here:brainly.com/question/26276034

#SPJ4

5 0
1 year ago
TJX's handling of its serious data breach is consistent with which one of the following?a) Stakeholder theoryb) Stockholder theo
klemol [59]

Answer:

Stockholder theory

Explanation:

Stockholder theory

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According to this theory , The managers of the corporation have a duty to maximize the returns of the shareholder .

Therefore , due to the cyclic nature of the business hierarchy , the corporation is mainly responsible  to its stockholders .

6 0
3 years ago
Tasha is a court reporter for a federal district judge. Her job is to type every word that is stated on the record during a fede
ladessa [460]

Answer:

legal services

Explanation:

4 0
2 years ago
Read 2 more answers
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